Is it time to refinance?

Greg Maravilla, MBA, CPA, CFP® | CFO Advisor / Partner   As the stock and bond market signal recession and the Federal Reserve having recently dropped its fed fund rate, we are likely to see bank interest rates doing lower.  30-year mortgage rates are now around 3.7% and practice loans are in the low 4%.  As a result, if you have existing debt, you might consider refinancing to save on interest expense.  Is it worth it?  Some things to consider first:   Prepayment penalties –...Read More

Is Student Loan Refinancing Right for You?

  Molly Carapiet, Eagle Lending, Director of Operations, First Republic Bank Young professionals with large student loan balances are often stuck between a rock and a hard place. If you’re currently managing student debt, you’ve probably been hearing about the option to refinance your education loans. But how do you know if refinancing is right for you? Although every borrower has a unique financial situation, below are a number of questions to ask yourself to help you decide if...Read More
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